The ______________ of all firms can be broken down into some common underlying patterns.
A) total revenues
B) diminishing short-run costs
C) cost structure
D) diminishing long-run costs

Question

Quizplus · Accepted Answer

The cost structure of all firms can be broken down into some common underlying patterns, as it refers to the fixed and variable costs a company incurs in the process of producing goods or services.

The ______________ of All Firms Can Be Broken Down into Some